Economics ❯ Finance ❯ Inflation ❯ Consumer Prices

Personal Consumption Expenditures

July PCE Shows Inflation Stuck Near 3.7%, Deepening Fed Split

July’s consumer price report keeps inflation well above the Fed’s 2% goal, raising market odds of a September rate increase before Jackson Hole.

U.S. Shoots Down Iranian Drones and Strikes Bandar Abbas as Oil Surges

U.S. GDP Contracts 0.5% in Q1 on Import Surge and Spending Weakness